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20121227
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English 51
Search Results 0 to 49 of about 51 (some duplicates have been removed)
is in route. we have a quorum. >> thank you. i am julie and the commission of status of woman. i would like to introduce andrea and we r we expect rebecca soon and next to that is alisa and kay. we have a quorum. >> well thank you very much commissioner and thank you very much inspector monroe. ladies and gentlemen, welcome to the wednesday december 5, 2012 meeting and it's a joint meeting with the status of women. this is a mo mentus meeting and this is the third time we did a joint meeting and this one is a very important meeting tonight and a lot of work has gone into it and i would like to thank the commissioner on the status of women and thank commissioner loftus. she has been proactive. we had several meetings. before we go on we have different types of meetings in the community we introduce the commissioners and who they are during the day jobs and if that is possible i would like to start with dr. marshall. >> dr. joe marshall. i have been on the police commission for eight years, three terms. i am the cofounding executive director of make a boys club. i just want to mention i
-n-curry but stated that it was the main one downtown. let's see. and i have a noise complaint, this is july the 21st, at 3:21 in the morning, news, and the cad reads, san francisco hilton, rp, loud music coming from 1020, means the location, from naan-n-curry. and this one is from july 27, 2012. this is at 2:44 in the morning. and we have let's see, this is just a person calling about this place here. we have another trespasser. this is july the 27th. and this is at 2:30 in the morning from naan-n-curry. and then we have another trespasser, and this is 3:00 in the morning. and let's see, it says, inside naan-n-curry a male being aggressive with other customers. and this one is september 2, at 2:30 in the morning, the cad reads, 30 people inside, fight, trespasser, and it reads a female caller. and these are mostly males fighting inside the restaurant. and like i said, this is at 2:30 in the morning. another cad called. this is 4:21 in the morning and this is september the second. and the cad reads, wireless call from verizon, naan-n-curry but it sounds like there is a problem inside. and then gave a
more than 4%. fiscal cliff concerns pushed the index to the highest level since july. one bright spot though was on the housing fnt. the monthly case-shiller report found october home prices rose 4.3% mpared with a year earlier. the data giving a late sign of recovery in the housing market is actually gaining traction. first our top story, president obama, cutting his vacation short, flying back to washington, d.c. tonight to work on afiscal cliff deal. now, if the stakes weren't high enough, the treasury department upped ante just a short time ago. it announced the u.s. will hit the debt ceiling on december 31st that is monday. treasury department is undertaking and this is a quote, extraordinary measures to postpone the country's date with the debt deadline, but will this bring a new sense of urgency and motivate politicians to reach a budget deal. joining us now, lindsey piegza, economist with ftn financial and james freeman, assistant editor of "the wall street journal"'s editorial page. james, i will art with you. does the treasury department's statement literally within the last
sounds too good to be true and in some cases it is. cbs 5 consumerwatch reporter julie watts with how many cars have overstated mileage estimates. >>> reporter: meet the 5 passenger hybrid. >> reporter: ford's answer to the prius. >> c max and fusion hybrids. both boast 47 miles per gallon but when consumer reports recently tested vehicles it found the c-max actually delivered 37 miles per gallon the fusion 39. >> the cars are not getting the fuel economy you would expect. >> reporter: last month both kia and hyundai admitted they overstated mileage on more than one-third of the vehicles they have sold since last year. john bought his kia based on those estimates. but instead of getting the advertised 21 city and 28 highway he says he is getting an average 16 miles per gallon. >> we decided to try to use it only for freeway driving. >> we have seen a lot of liberties taken in the advertising. >> reporter: a consumer watchdog believes carmakers boost mileage estimates to sell cars. his group is asking car owners to track their own mileage and report if it's not living up to the estimat
for those funds that will be flowing in july. so any new programs or expansion of programs, i think would hopefully be able to begin. as of july 1st. in terms of the structure of those programs, some of the ideas that we have had have been, for example, how do we link our homeownership counseling organizations with other opportunities where families come in to access services? so do we need to link them up with family resource centers? so someone comes in to a family resource center for information about for example, subsidized child-care, that could be an opportunity for someone who isn't necessarily thinking about homeownership. but when they start to think about their finances in general, if it's a linkage with the school district. for example, the city has their baby bond program, so that every child starting in elementary school can have some sort of little mini ida. maybe that is an opportunity for some people to think about their finances. so i think linking in that might be more effective. talking to people and saying have a bad credit score, come in and talk to us. that is not
of 100 on the f.d.a. shortage list. >> axelrod: jon, congress passed legislation last july giving the f.d.a. more authority to deal with cancer drug shortages. i'm wondering what's become of that. >> reporter: jim, that new law has made a big difference, and the key provision is the requirement that drug manufacturers let the f.d.a. know when there's an impending shortage. since that new law has passed, there has been a doubling of the notifications. the f.d.a. can increase imports from abroad and tell other manufacturers in the united states to step up production. so it's made a big difference. now, another provision in that law is that the f.d.a. set up a task force looking at other possible solutions to the drug shortage crisis, and they're required to submit that report to congress by this coming july. >> axelrod: dr. jon lapook, thank you. china now has the longest high- speed train line in the world. it runs 1,400 miles from beijing to the city of guangjo, about the distance from new york to miami. the chinese train can make the trip in eight hours. it would take amtrak 30 hours.
, it is something that actually was a part of the discussion before july when the chief brought this issue up was there was a discussion, already, about adopting a police car or donating a aed and having that device available in a police car and no cost to the city for a period of some six years. >> can you explain to me what to do any member of the audience what a defibrillator is? >> i'm looking around to see if i see one and in most of our buildings we have them. dispersed and they are within the police department and certainly within the city haul. it is basically for a individual who has a heart stoppage and basically you place the device on the chest of the person, and that device measures all of the activity of that person's body and applies a charge to start their heart if necessary. it is not a choice, that the officer or the operator should say, makes. >> to me, the fact that you need a defibrillator points to the underlying danger here. that if tasers are so safe, why do you need to have a defibrillator available? >> it was the recommendation that came from one doctor. although the
on july the 25th the democratic bill is, quote, a revenue measure that didn't originate in the house so it's got no chance whatsoever of becoming law, end quote. that's what i said back on july 25th. the only reason we ever allowed that vote on that proposal, as i said at that time, was that we knew it didn't pass constitutional muster and that democrats were really serious they would proceed to a revenue bill that originated in the house, as the constitution requires, and as i called on them to do again last week. to repeat, the so-called senate bill is nothing more than a glorified sense of the senate resolution so let's put that convenient talking point aside from here on out. last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. that havin
't happen. senate so there's nothing for the house to vote on. as i pointed out july 25th. democratic bill is, quote, a revenue measure that didn't originate in the house so it's got no chance whatsoever of that's what i said july 25th. the only reason we ever allowed that vote on that proposal is i said at that time, we knew it didn't pass constitutional muster. and if democrats were really serious, they had proceed to a revenue bill that originated in the house as the constitution requires, and as i called on them to do again last week. to repeat, the so-called senate bill is nothing more than a glorified sense of the senate resolution. let's put that talking point aside. last night i told the president we'd be happy to look at whatever he proposes but the truth is we're coming up against a hard deadline here and, as i said, this is a conversation we should have had months ago. republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. that having been sai
knew how do it. >> google search online. november 2008. --. >> july 2009. elsburnd fights daily over two commission nominee and is of course, 2010, elsburnd use as trick of parliamentary procedure to keep patrols off the ballot and i remember this meetings and there was a very veep intense moment when you kept standing up and dividing the file and another provide ore kept going back in and adding back to it and i add added that in the proceeding in the records and there are about six pages of motions that were taken biby supervisor elsburnd in that intans instance and so i want to show how important it was that sean knew how to fight for things and all of the parliamentary procedures to do that and but what i think has been said over and over again is how important that you helped us understand the balance of being elected the and having family and essential balance and that is what i appreciated and learned the most from you you are a wonderful dad to michael i see it all the time when he is in the office with you and he runs through the halls and aura wonderful husband to jenn
, you may recall in june and july aecosm and their team presented two alternative concept and we reviews them with the commission and a variety of stake holders holders and ae come came together and developed a hybrid version of a draft planning for the entire 8pm acre park and the next slides illustrate the slide zones for the multipulse green and a park and plaza space and three is what we are call the building one 09 court area and four are the maritime garnishes and five is the shore line areas and basically crane copark is bound by -- east of ill annoy street and the orange areas are future parcels as identified by the pier 70 master plan if so this is an illustration looking at 19th street at the entrance to the park with the large green area to the left and there is a little key on the bottom right that shows where that view is from this shows how simply four can be adaptively reused as a park area and rehabilitation of the cranes and access into the park from ill know street this shows area three building one 094 courts
in the western addition july 17, 1996, a day before his oldest son, at the age of 5, his birthday was the next day. this is the reason why i do it. 300 family is, over 350 families in san francisco alone that i know personally, that are members of the healing circle, cases have not been solved. she lost three sons to gun violence in the month of august. that is the reason why i do. i do it because betty cooper lost two sons in the bay view to violence. it still remains unsolved. in 1996, when my son was killed, 96 homicides in san francisco. everybody seemed to think that it was just another day in my community. no one knew the pain i was suffering. no one knew when i was going through. no one knew how this affected my family, my children, my community. no one seemed to care. i do it because what happened in columbine should have happened in my neighborhood, and it did not. there was no one there for me when this happened to me. [applause] there were no counselors, and nobody come into my house to ask me questions about what happened. the already labeled my son in the papers as a gang member.
and the superintendent of san francisco unified, just started in the summer of july. prior to that he was the deputy superintendent of innovation and social justice. [applause] next to richard is nancy o'malley, district attorney for alameda county. she was appointed in 2009 and elected in 2010 and has an amazing background dealing dealing with violence against women and domestic violence, elder abuse, child abuse and threat management. she's a wonderful addition to our panel so thank you nancy. [applause] next to nancy is tony smith who i loved his biobest of all and started he's an oakland resident and parent of students in oakland public schools. he was -- became the superintendent in 2009. he's a local boy including university of california berkeley background where he was captain of the football team and he did not include this in the biobut i know it and he wrote his under graduate thesis on emily dickon son so he's kind of a renaissance dude and he's 6-foot something. next to him is -- [applause] and next to him is george gaston and elect to the district attorney of the city and county o
level since late july, remember when volatility is up, it usually means the market is down. for five months the vix has traded below its two decade historical average of 20. longest such streak in more than five years. but over the last month, it has rallied about 23%. but ending down for the day. shibani: a lot of uncertainty in today's markets. with the markets bouncing back and bouncinn around surrounding fiscal cliff talks and the clouds overhead, wouldn't it be nice to take a vacation, even better, one that's priced well, a bargain. coming up travelocity senior editor lets us in on deals for new year's eve and what's going to be hot for 2013. looking forward to that. david: we just found out we will probably be working on new year's eve and so are the people in the white house. the president is back there, trading the heat of the sun in hawaii going to the heat in washington. steve forbes will be coming up later in the hour. shibani: we will tell you what drove the markets today with today's data down load. stocks gaining momentum in the last hour of trading crawling back from t
travel in to the week. julie martin at new york's laguardia airport. >> reporter: well, a very busy day here at the new york airports but not as busy in terms of cancelations fortunately as yesterday. in fact, system wide yesterday we saw about 1,600 flights canceled across the u.s., hundreds of them were here at the new york airports but as of today so far just about 50 or so in and out of laguardia. about the same for jfk and newark. one of the big reasons, the weather is improving. we're still seeing some low ceilings here but the rain has all but moved out of new york city and those winds which have been the big problem have died down in to the teens so that's really no issue for the pilots here. what is still an issue, though, is the fact that so many people are traveling for the holidays, trying to get home from the holidays or get to the next holiday destination for the new year and unfortunately we have another storm system that's going to be working its way in to the northeast in the next couple of days, just in time for the new yore's holiday so, in fact, we could see more str
and is reported favorably by the senate judiciary committee last july. i hope senators will support it. i'm leave pleased that senatorse joined me as cosponsors of this amendment. i call on all senators who talk about accountability and oversight to join with us to adopt this better approach to ensuring our security and our privacy. in june, after the senate intelligence committee originated the senate bill to reauthorize and extend fisa, senator grassley and i asked for a sequential referral, one that would allow the judiciary committee to consider and improve this important legislation, which under the rules we could. the bill that was approved by the intelligence committee provided for a general and really unfettered extension of the expired provisions until june 2017. i hope that we could approve that and we did. i worked with the distinguished chair of the senate intelligence committee to craft a compromise to assure the extension until 2015 you go also add some -- but also add some accountability in the overite oversight provision. i appreciated the senator from california's help and strong
're in for any kind of calamity. >> 20.3. >> that was in july. look at the february and april. they're actually -- well, april is just about even where we are now. february certainly doesn't suggest any kind of a plunge. >> no, doesn't portend any kind of craziness. thank you, mary. >> tyler. michelle, thank you. with senate majority leader harry reid warning we are going over the fiscal cliff, let's pose the question is it better if that were to happen. are automatic spending cuts perhaps what the country needs? josh bulk is a national correspondent with the fiscal times. josh, good to have you back. good to see you. >> good to see you. >> it's not all that bad if we go over the cliff. is there a good, compelling argument to make for doing so? >> there are compelling arguments to make for going over the cliff. it might create pressure for a genuine and real deal, not just with tax reform but spending cuts, but there's a lot of dangers in doing it. one of the big things that's screaming on my radar is the alternative minimum tax. that's a tax that is meant to prevent the wealthiest from escapin
>> and i'm maureen naylor. frank and julie are off tonight. this evening, former president george h.w. bush is in guarded condition as a houston hospital with what's being called a stubborn fever. the 88-year-old former president has been in the hospital for bronchitis for almost four weeks now of the doctors say his cough is improving but a lingering fever took him into intensive care. >> it includes a persistent fever and doctors are doing everything they can to wrap their arms around t they're cautiously optimistic that their current course of treatment is going to be effective. >> the former president's spokesman said the former president is alert and talking with staff. the senior bush has gotten visits from his son, former president george w. bush and former florida governor jeb bush. >>> we are on storm watch tonight even though it's mostly dry in the bay area right now. there's a winter storm warning in the sierra. it's not keeping people from flocking to the sierra. ken? >> reporter: right now you can see a touch of snow coming down here. it slowed in the past hour or so.
- it has not been there since july of this year. > we also had a quadruple witching day which has now passed. i expect that probably factored in a little bit. but do you expect less volatility now? > > actually it is hard to say. i think there are still going to be concerns as we roll in toward the beginning of the year. if there is no deal, i think you are going to continue to see vol buyers into january, because the expectations are the s&p could slip significantly if nothing gets done. we are trending right now back down toward that 50-day moving average, chuck, which is around 1413, with the s&p right now about 1419. so, not too far away from there. so that is something we are keeping a close eye on. i think if we break through there, you would see a lower high in this pattern, and that potentially could lead to higher volatility expectations. > dan, what about the s&p 500? eight out of 10 groups in the s&p fell, including apple. > > exactly. you are seeing apple push back down now toward those lows that it saw just a couple weeks ago, like $501 i think was the intra-day low. so y
far santa rosa since july 1st, over 22 inches of rain, san francisco approaching well above average 174% of average. as far as current numbers they are in the 40s, napa checking in at 40 degrees and livermore 4 is and a lot of cloud cover and you can see the source of the big blanket from eureka down to monterey bay. we did a dry weather forecast and skies are becoming partly cloudy into the afternoon hours. there is another whether -- nicer weather and beginning friday lasting into early saturday morning. here is an end cries in clouds and we will -- increase in clouds and all of this rainfall remains offshore and it is close enough for shower chances friday lasting into saturday morning, decreasing clouds by saturday afternoon. a quick update on the sierra. the winter storm is expired and pack if the gray area, temperatures are warming back up into the 50s for afternoon highs. half-moon bay 53 and san jose 54. showers lasting early friday into saturday morning and we will have a few extra clouds by monday as we wrap up 2012. >>> the bank does not have to pay restitution to custome
district in july of this year, we're very lucky to have him. he stepped into this position after serving for 3 years as deputy superintendent of instruction, innovation and social justice for our district. he's been a teacher of bilingual social studies and moo*ufk, as i said, you can really tell, a high school principal and school superintendent in nevada. richard's passion lies in advancing educational equity and opportunity for all and we are very lucky to have him here with us here in san francisco. our superintendent of schools, richard karunda >> melinda, thank you so much for that wonderful introduction. i want to welcome you all to a sunny september morning in san francisco, i hope you have your sun block and i also want to welcome home our lieutenant governor, our former mayor, gachb newsom. it's good to see you, sir. yesterday was a really powerful experience for us in san francisco. we've made a commitment that by the end of october every 6th through 12th grader in san francisco city public schools will have had the opportunity to see bully and not only view that documenta
. >> july 20th, just past midnight, terror inside theater nine. >> aurora, colorado, nine miles east of denver, there's been a mass shooting at a movie theater. >> prosecutors say james holmes donned protective gear, threw tear gas and began firing. in the end, 12 people killed, 58 others wounded. holmes faces 152 charges. many victims continue to recover while others will never recover the loss they suffered that night. and number one. >> unimaginable horror grips the nation in one of the deadliest school shootings in u.s. history. >> tragedy at sandy hook elementary. >> this is unspeakable what happened in this town. >> innocent children shot dead in their classrooms, the victims, 16 6-year-olds, four 7-year-olds along with six adults. >> emily's laughter was infectious and all those who had the pleasure to meet her would agree this world is a better place because she has been in it. >> in newtown, connecticut, an outpouring of kindness and compassion, while a nation faced hard questions about mental health and guns. as the president issued an emotional call for action. >> for thos
. >> they stay in my wallet until july. >> reporter: the week between christmas and new years bring in 15% of business. shoppers started -- shops starting sales before christmas to bring in customers. >> we saw a lot of the sales kickoff on christmas eve and they're obviously going on today and through the rest of the week so, we expect a lot of holiday shopping to continue through the weekend. >> reporter: some customers say they wait all the way through the holidays for the post christmas sales. . >> december 26th, we try to make it downtown. we get here about 9:00. >> reporter: while retailers may be depending on the sales, coming up at 6, we'll tell you why some retailers will wind up disappointed with the way the season goes. . >>> at 5:30, we are inching closer to the so-called fiscal cliff. we spoke to congressional staffers today, why they believe politicians will allow the country to go over the cliff before making a deal. >>> officials in newtown, connecticut, plan to use the flowers, letters and other mementos sent by the public as part of the memorial. they will stay up unti
. >> reporter: a determined set of eyes. >> i just love clothes. >> reporter: a patient hand. 18-year-old julie rally has a dream. in her life sketch, she is a fashion designer. >> a thing about going to konyata college. they have a wonderful two year program for fashion. >> reporter: in 2001, julia was an orphan in russia. >> she was so small at that time, i could carry her through the airport myself on my hip. >> people in the orphanage would get kicked out at 15 and 16, and you're basically on the streets. no good, and you're trying to make as much money as you can, but it's very little. most of the children end up being poor. >> reporter: today, protesters in moscow were arrested after russian parliaments upper house voted unanimously to ban americans from adopting russian children. it was seen as a retaliation for a sank against russian's human rights violaters. >> kids are being used as a pawn in a political situation. >> reporter: saying it is misguided. for julia rally, her life sketch is still being made, and the pencil is in her handwise the guidance of her parents. >> having him in m
: a patient hand. 18-year-old julie rally has a dream. in her life sketch, she is a fashion designer. >> a thing about going to konyata college. they have a wonderful two year program for fashion. >> reporter: in 2001, julia was an orphan in russia. >> she was so small at that time, i could carry her through the airport myself on my hip. >> people in the orphanage would get kicked out at 15 and 16, and you're basically on the streets. no good, and you're trying to make as much money as you can, but it's very little. most of the children end up being poor. >> reporter: today, protesters in moscow were arrested after russian parliaments upper house voted unanimously to ban americans from adopting russian children. it was seen as a retaliation for a sank against russian's human rights violaters. >> kids are being used as a pawn in a political situation. >> reporter: saying it is misguided. for julia rally, her life sketch is still being made, and the pencil is in her handwise the guidance of her parents. >> having him in my life has really changed it. same with my mom being really suppo
. so guys when you look at the vix, remember, we haven't been at these levels since july, and as one trader just pointed out, we were 80 points lower in the s&p 500 the last time we were at these levels in the vix, so things aren't exactly matching up, and his call would be to short the vix at these levels because it's certainly high for where the market is right now. back to you. ashley: you're absolutely right. sandra smith at the cme thank you. we have juss turned positive, literally just above the water mark, now we have just gone below. you think about it, we were down 148 points. so as sandra says, maybe someone knows something about that meeting on sunday. who knows. but certainly the market reacting. the closing bell ringing in about 16, 18 minutes, somewhere in there. let's call it 17. he made the right call on bank of america when everybody else was saying dump it. founder of new generation research told clients to buy that troubled bank at the end of last year when no one else wanted in. b of a, guess what, has more than doubled since then. now, he's found another treasure
yet again. it hit the highest level since july. the vix is up 30% over the last month. >>> apple's tim cook is getting a 99% cut in compensation this year. cook will take home $4.2 million compared to 378 million bucks in 2011. apple made clear the decline has nothing to do with performance. cook's sky-high 2011 pay package was largely award of one million restricted shares of stock after he took the reins at apple as ceo. that money would come in handy in washington, wouldn't it? that is our top story. the senate convened today for emergency session to deal with the fiscal cliff. the house has announced plans to reconvene on sunday. both senate majority leader harry reid and senate minority leader mitch mcconnell spoke a short time ago and neither sounds hopeful of fiscal cliff deal will be made before the deadline. so at this point is there any chance the united states can avoid taking a fiscal cliff dive? joining me for more is republican senator john hoeven of north dakota. and very simply, sir, we appreciate you being here but is harry reid right? are we going off the cliff? >> we
. on any given day. since july 25th, speaker boehner could have brought it to vote in the house and it would pass, but he's doing -- he has made the decision he's not going to let a vote on that. i've said here, mr. president, it's not too late for the speaker to take up the senate-passed bit, but that time is even winding down. today is thursday. he's going to get 48 hours notice to the house before they came bam, so 48 hours from the day is saturday. with just that one vote, middle-class families -- they would go up at least be $2200. some more, some less, of course. speaker boehner could call house members back today. he shouldn't have let them go, in fact. they are not here. they are not here. john boehner seems to care more about keeping his speakership than keeping the nation on temple financial footing. it's obvious what's going on around here. he's waiting until january 3rd to get reelected as speaker before he gets serious with negotiations. he has so many people over there that won't following what he wants. that's obvious from the debacle that took place last week. it
that vote back on july 25th, the democratic bill is, quote, a revenue measure that didn't originate in the house so it's got no chance whatsoever of becoming law, end quote. that's what i said back on july 25th. the only reason we ever allowed that vote on that proposal is i said at that time was that we knew it didn't pass constitutional muster. and the democrats were really serious, they would proceed to a revenue bill that originated in the house as the constitution requires and as i called on them to do again last week. to repeat, the so-called nate bill is nothing more than a glorified sense of the senate resolution. so let's put that convenient talking point aside from here on out. last night i told the president we'd be happy to look at whatever he proposes but the truth is we're coming up against a hard deadline here and, as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check or anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american peop
talked about this is a couple of years ago when we hit hit it in july and i was dead wrong. i was entirely dead wrong. i thought congress would make sure we wouldn't lose our aaa debt rate. >> and we did. >> and -- yeah. i figured certainly logically that yields would go up on bonds. and that the stock market would fall and just the opposite happening. what happen this time to the markets still have patience. you know, rinehart talk about that bang moment when countries are able to continue to issue really cheap debt for a long, long time. sounding like forever and boom. it stops. i don't think that will be this moment. but sooner or later, the world's financing capability and -- intentions and -- stop. >> what do you do right now? i think a lot of people who were watching don't understand necessarily what impact hitting the debt ceiling would necessarily mean to them or to the nation's finance. personally, i think there is a lot of pier mongering in washington and i don't think it is necessarily that big of a deal. what do you do with your finances right here? what are you in
a solution to the fiscal cliff but he's in error. we all know that in july of this year we passed in the senate the relief that it would give to middle class americans. that passed the senate. now, we know that the republicans have buried themselves in procedural road blocks to everything we try to do around here, and now they're saying, well, we can't do the $250,000 because it wasn't blue slipped, because it will be blue slipped. mr. president, how do the american people react to that? there was a bill introduced by the ranking member of the ways and means committee in the house, sandy levin, that called for this legislation. the speaker was going to bring it up to kill it, but he couldn't kill it, and then we moved to plan bsm"b," the debac of all debacles. it's the other of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the republicans it was so absurd. he, meaning the speaker. so it's very clear now, mr. president, that the speaker's number one goal is to get elected speaker on january 3rd. the house is not even here. he's
, losing a quarter of its value in a matter of days when in july of 2012 it reported a disappointing quart their suggested the company might be more vulnerable to economic weakness than we previously thought. we thought it was a secular grower. suddenly there was the question did it have cyclical weakness? chipotle had been riding up for years, massive gains still, but after a growth name loses its mojo caught to be cautious because the pain can last for years as the stock goes through a painful process of george costanza-like multiple shrinkage, yeah, years, as momentum-seeking investors gradually play less and less for progressively slower earnings growth and so they -- all the growth managers get shaken out and the multiple sinks to level where the valley-oriented investors become interested, think maybe there's a takeover. when you see multiple compression don't hang on for the full ride down. just sell. catch it later, believe me. bottom line, to build a portfolio that can work in every kind of market, you need a fast grower, a secular growth stock with room to run and, remember, deal
for the first time since july. which would mean that the market was actually getting sweaty palms here, don't you think? >> yeah. it's getting pretty chaotic. the interesting thing to me is you look at the volume. the volume is extremely low. look at a stock like apple. shares 20 million shares in a day. today half the volume. traded 10 million shares. came out and said the house would meet on sunday. the market rallied to the upside this. reminds me of a different scenario. not going to use the dishwasher one. it will remind me of greece. greece is getting bailed out. and going on back and forth. will there be a deal by december 31st? i don't think so, but if a deal gets penned out by mid-january, we can look forward to focusing on earnings and get this fiscal cliff over with so we can see what's going on important in the world, and that's earnings. >> let me -- can i comment on that? >> yeah, sure. >> i want to comment on rick santelli's optimistic view that maybe there really is a deal in the offing. he has a point, you know. it's not over, you know, until it's over and these guys do som
or six months, since july 25, speaker boehner could have brought the senate poifd middle-class tax cut legislation to a vote in the house and it would pass. but he's made the decision he's not going to let a vote on that because if he led he let it be voted upon, it would pass. i've said here, mr. president, it's not too late for the speaker to take up the senate-passed bill, but that time is even wiping down. today is thursday. he's going to give 48 hours' notice to the house before they come back so 48 hours from today is saturday. with just that one vote, middle-class families would have the security their taxes wouldn't go up by at least $2,200 on new year's day. that's the average. some would go up more, some less, of course. speaker boehner should call members of the house back to washington today. he shouldn't have let them go, in fact. they're not here. they are not here. john boehner seems to care more about keeping his speakership than keeping the nation on a firm financial footing. it's obvious what's going on. he's waiting until january 3 to get reelected to speaker because
. >> julie seger on c-span on verizon. c-span has been brought to you by your television provider as a public service. >> next, it is a global look at the economy with a speech by greek economist. among his many books, the economics professor recently minotaur" andobal natar we will show you as much as we can before the house gavels in at 2:00 p.m. eastern. [applause] >> ladies and gentlemen, france, -- friends, this is a singular honor to be a guest in this temple of civic life. thanks to all the good people for making this possible, to my publisher, the staff that are manning the barricades outside. my novel is debt crisis and the future of the world economy. i will be arguing that there is no such thing as a debt crisis. there is no debt crisis in the united states of america and europe, and there is no such thing as the debt crisis in my own country, which is nevertheless being consumed by debt. you know the joke about balloonist. the balloon has been blown off isrse, and at some point they no such thing as a debt crisis. manage to gain control of the balloon and lower it above a farm. th
do with a decision? this is the highest point* of a one-year term. the highest point* is from july. this is the environment right now. it is a holiday but we will watch each sector under pressure. lori: more news then redo this time. tracy: fiscal clef finger-pointing underway in washington. harry reid says they're headed over the cliff. it is really about senator harry reid and mitch mcconnell? >> to develop the political staring contest democrats say republicans need to move and around rego. the president arrived this morning from hawaii and so with the top democrats and republicans but still no update to report. senate majority leader harry reid said it looks like we're going over a cliff and it is up to the house. >> speaker boner shed call people back to washington today and should not have let them go. they are not here. john boner cared more about his speakership than the financial footing. >> they're now working on a fiscal clear solutions they say the majority leader should talk less and legislate more. also mitch mcconnell says the leader is happy to review with the presi
and outs of capitol hill. >> julie watches c-span on verizon. c-span, created by america's cable companies in 1979, brought to you as a public service if by your television provider. >> "washington journal" continues. host: lawrence yun is the chief economist and senior vice president for the national association of realtors. how would you assess the housing markets today? guest: thanks for inviting me, peter. housing market has turned for the better in 2012. the home sales overall look to be about 10% better this year versus last. home prices on average are up about 5%. in some parts of the country, it's up better than 20%. you are seeing places like las vegas and miami where it's about a 10% gain. there's local market variation, but overall the housing market is recovering. host: if the u.s. government and american taxpayers go over the so called "fiscal cliff" what do you foresee for? the for? guest: the fiscal cliff is going to shave off about 4% of gdp, so that the national economic growth. currently is growing about 2%. you can do very simple mathematics. and we are back in a recessi
.l >> it is a great resource for anyone to know the ins and outs of capitol hill. >> julie watches c-span on verizon. brought to you as a public service by your television provider. >> dan burton is retiring from congress. he talked with c-span about his past investigations of the clinton investigation and the oversight role of congress. this is 30 minutes. >> how would you say the state is? >> it has changed a great deal. it is not the same as when i came 1983. there seemed to be more comedy. tip o'neill was speaker. i will never forget he was the first time he was on the floor raising cane with democrats. and he came down and started giving me the dickens. after that we became very good friends and played golf together. bob michael was a wonderful leader. there was a spirit of camaraderie even though we had differences politically then that we do not have now. now it is much more combative. i have a lot of friends on the democratic side of the aisle, very good friends. as far as working things out is not as easy as it used to be. >> what are some of the root causes? >> i think and i am not pointin
-plus years in the military. i bought a home in july of 2006. i pay $565 roughly. i am at a point -- i pay about $3,000 a month. my mortgage will not work with me to lower that. what are my options? guest: you can still refinance into other mortgages, things like fha or contact your local banks. people who bought at the peak of the market in 2006, everyone has experienced a price drop. even the recent price recovery, people who bought at the peak are still a long way to fully recover the values. it will take an additional 3 or four years to come back. the only option is to get that refinance. look at the various hart program. it helps the responsible homeowners refinance into lower interest rates. host: what is the role of fannie mae? is there a policy position on fannie and freddie? guest: they were chasing after subprime mortgages and that led to the problem. the mortgages are boring product. it's not like apple computer. 30 year fixed your mortgage. stay within your budget and we will give you the mortgage. hedge funds betting on the market. that is wrong. the backing of the mortgag
to remove galstones and these are the most recent pictures only him taken in july by cnn at his 94th birthday party in 'tis home surrounded by his large family. but he looked bewildered and didn't smile. so different to the vigorous man who fought so hard, endured so much. other recent years, though, the former south african president has seemed frail and unsteady on his legs. public appearances became increasingly rare. just too much effort for a man in his 90s. those he did make, mandela sometimes dozed off during speeches and seemed confused. he's mostly spent his time at this home in the eastern cape. soothed by the slow pace of the rural rhythms in the hills near his boyhood village and it's unclear whelp and if he'll return back to his primary residence here. for now, though, south africans are just relieved that he's out of hospital. >> mandela, he's alive. >> i can see that. >> i'm worried about this. at least if he can manage to reach at least it, that would be grateful. >> reporter: a man who gave so much and who is still so deeply revered by anxious south africans. you jus
and fierce winds. the unrelenting heat also proved deadly in the mid-atlantic and midwest states after july storms killed at least 22 people across the area. it also knocked out power, leaving millions sweltering. heat-related deaths climbed the to at least 20 in the chicago area. the by easy was not spared this year. hurricane isaac making landfall near new orleans on the eve of the 7th anniversary of hurricane katrina. isaac made landfall as category 1 hurricane. the slow moving storm drenched coastal areas. here is one of the hardest hit areas, plaquemines parish. it moved slowly inland inundating communities in arkansas as it passed. eerie skies over phoenix as a massive dust storm called a haboob blows in. winds 40 miles an hour bringing dust and sand from the desert. 2012 also saw the birth of a superstorm, a devastating hurricane that collided with a powerful cold system from canada that slammed the northeast. sandy made landfall in south jersey late october, flooding beach communities, submerging highways and washing iconic boardwalks into the observing shun. new york city's downtow
a bill back in july. why can't the house just confirm that? >> oh, come on because the senate is a joke. they haven't even been able to pass a budget in over three years. come on. >> the senate passed a deal in july that dealt with the amt. it dealt with dividends and capital gains and it dealt with the, the fundamental issue of the tax rates. so i mean -- >> no, it dealt with the -- >> -- won't go up. >> i mean, let's have some consensus. let's at least agree on the things that we agree on, and then work on the more troubling issues afterwards. >> i saw annie yesterday, keith, and daddy warbucks had that same hairstyle. i think it's very compelling. i think -- >> i don't know if i'd call it a hairstyle. >> but it's a power, daddy warbucks was hot. he was. >> power. >> power i think is what it is. >> not a lot of response to that one. >> i think you know exactly what you're doing, yeah. anyway, thank you, susan. thank you. >> don't try it susan. you look good like you do. all right, see you later. thank you. >> okay, guys. coming up, the latest on the winter snowstorm that's slamming th
weeks. we will look at where we stand with rain, since july 1st when the rainfall calendar starts. santa rosa over 22-inches, san jose at 7 inches, look at santa rosa. 174% of average and by tomorrow we could be tracking just a few more rain shower, nothing major but still we could track a few rain drops for friday. right now mostly cloudy, fairfield 39 degrees, oakland mid40s and san jose currently in about 43 degrees. forecast for today is this. more cloud cover this morning, upper 30s, upper 40s and in to the afternoon sykes partly cloudy. here is the overall weather pattern. a big batch of high clouds but no rain associated with that. we will be dry for today. there is a weather system developing off shore. that will be the source of more cloud cover for friday. we re-enter deuce the chance of showers by friday evening lasting into saturday morning. the early morning hours of saturday. here is the updated forecast model. this came in about half an our ago, 45 minutes, lue see more cloud cover for friday. rainfall still off shore, 10:00 tomorrow morning. spotty drizzle by this time fr
june and july? in the past, the nation has gone through some kind of panic attack expecting five dollars for a gallon of gas. >> i do not see five dollars at all next year. i do not even see four dollars. i expect $3.75 to be the height of the peak. what i expect is nothing will happen until the new year when both congress and the president come back. they enact new tax cuts. neither side is interested in any sort of significant spending cuts. liz: where do you see oil and gas prices in that scenario? >> well, in that scenario, i think oil prices could rise if we just had the tax cuts because the spending will continue unabated and the dollar will get weaker and commodity prices will get higher. liz: thank you. let's stay with oil. we will bring in our very own jeff flock. what are you watching out there? jeff: we were at the cme yesterday. talk about what the impact of the fiscal cliff has done to the oil market. take a look at oil prices today. since christmas, we are up about 3%. take a look at the volume. if you look at the volume of trading, and "wall street journal" was ont
song gets utus past the fiscal cliff. >> the last time this happened in july of 2011, the credit rating was downgraded. the government's, not mine, but i guess i live here. that could happen again, right? >> we have seen that the politics are raising the debt ceiling are quite difficult. in 2011 your right what standard & poors said is americans political problems appear to be severe enough that they can't take care of business. we'll see if we have the same trouble this time around. the thing to remember is that the real problem is not the debt limit it's the debt. if they get serious about a deal to take down some of the debt and stop the growth they can take care of the debt limit in the same process. gregg: when the government dominates the credit marketplace by absorbing all of those borrowed dollars, doesn't that steal those dollars away from american businesses that it would seem to me desperately need phepl t them to keep operating. >> it's called crowding out. that is implications for investment. it has implications for our ability to export. those dollars finance exports. very
this, it was not a last-minute thing. we passed this out in july of the senate judiciary committee. we did it quickly so that we would not be in this last-minute matter. this has no operational impact on the intelligence community, but it does ensure the strongest of oversight. i hope that -- i hope senators will support it and i yield the floor. mrs. feinstein: mr. president? the presiding officer: the senator from california. mrs. feinstein: i rise to oppose this amendment and indicate the administration opposes the amendment. we have just four days to reauthorize this critical intelligence tool before it expires. that's the reason for having the house bill before us today. the house bill is a clean bill. it extends the program to 2017, when it would sunset and be -- and would meet another -- need another reauthorization. i believe we must pass this bill now. i believe that 2017 is the appropriate date. it gets the job done. i'm very worried if we do anything else, if we pass any one of these amendments, we will jeopardize the continuation of what is a vital intelligence tool. so reg
that this past july. beautiful experience. >> juliet: and what is your next climb going to be, young man? >> the next climb is january 12 to the 17. we're going up to mount washington to do ice climbing. >> kelly: oh, wow. >> juliet: i have to ask you, we sit here and we complain over our lives sometimes when we have everything and we are able-bodies, we've got our legs. what is it about you that makes you able to be so strong and have such a -- so brave and so positive? >> you know, i believe that i could have handled the situation either way. i could be absolutely miserable or i could be positive and try to help. just like i said before, i was given that second chance and it's kept me positive and all i want to do is be able to help out these families. >> kelly: keith, god bless you and thank you for your service to this country. >> juliet: yes, thank you. >> kelly: you make us all very proud and to donate no the special warriors foundation, go to what we're going to show you righto to our web site. you are a remarkable man. god bless you. >> juliet: let us know how it all goes. >> abs
back in 08 and was working in july, i think, he suffered cardiac arrhythmia and passed away at his desk. people watching closely remember mitt romney and jim messina tweeting condolences and the obama campaign shut down for the day when alex died. what was meaningful was it's unfathomable. he was of the age that swept obama into power. not politically silent, but somewhat motionless and actually came out in full force and helped create this identity and they were as much a part of it that they supported and it just seems profoundly unfair that he didn't make it to see at least the end of the 2012 election cycle. >> talk about the process of how newtown changed the complexion's content of the list. >> we added essentially a second cover to this issue. we use that to acknowledge the victims of newtown. to point out that this is a celebration of life. there is no way to express the horror and the that occurred in that tragedy. our decision to acknowledge newtown in a context that we gave it was simply the only meaning we can scribe to at this moment. we have meaning for decades and decades
be brought up, it would pass overwhelmingly, i repeat. any given day the past six months, since july 25th, speaker boehner could have the middle class tax cut legislation to vote in the house and it would pass. but he is doing -- made the decision he is not going to let a vote on that because if he let it be voted upon it would pass. i have said here, mr. president, it is not too late for the speaker to take up the senate-passed bill but that time is even winding down. today is thursday. he is going to give 48 hours' notice to the house before they come back. so, 48 hours from today is saturday. with just that one vote, middle class families would have the secure that their taxes wouldn't go up by at least $2200 on new year's day. that's the average. some would go up more, some less, of course. speaker boehner should call members to of the house back to washington today. he shouldn't have let them go, in fact. they're not here. they're not here. john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing it is obvious, mr. president, wha
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